[ April 19, 2024 ]
This is why the government should stay out of everything except defense. They are selling us out to the enemy. SOROS SHOULD BE LISTED AS A TERROR ORG AND ANYONE AND EVERYONE SHOULD BE BANNED FROM DOING BUSINESS WITH THE CHIEF TERRORMASTER.
Look Who’s Buying IndyMac Larrey Johnson, American Thinker
The FDIC has just announced that a
consortium of private equity and hedge fund firms would be buying IndyMac.
IndyMac was an independent "bridge bank" spun off of Countrywide Mortgage in the
late 90s. IndyMac acted as a "bridge bank" to Fannie Mae and Freddie
Mac.Story continues below advertisementNew York Democrat Charles [dump the upChuck!] Shumer
precipitated the fall of IndyMac in May of 2008 by
releasing "inside" information that the mortgage company was in dire financial
straits. This disclosure created the initial "bank run" that is credited by
many economists as the initial trigger that prompted the current mortgage
crisis. The FDIC took over the operations of IndyMac in late summer of 2008.So much for history. George Soros
is in on the deal to buy IndyMac from the FDIC. Soros has a
long history of making loads of money by first creating a financial crisis and
then stepping in to grab up the bargains. Perhaps the most famous example of
this tactic is "Black Wednesday," when Soros nearly sunk the entire economy
of Great Britain through currency speculation.George Soros has helped bankroll
the campaigns of the Democrats in Congress who created this mess. Now, it
appears, he is cashing in on his investment.
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